Episode 39: Purchasing a Franchise with Ziv Nakajima-Magen
Scaling Japan Podcast
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How to Choose the Right Franchise for Your Business
Franchises are by definition not very cheap businesses. I've yet to see a franchise operation that starts at less than let's say six or seven million in capital and normally they would range somewhere between eight to 12 million in startup capital. You also want to give yourself runway franchises tend to estimate somewhere between six to eight months before the business becomes profitable. So if you don't have the 15, 20, 25 million yen that it would take to invest and give yourself the runway, you probably want to set up something smaller and more manageable yourself.
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